Americans are shopping for cars in near-record numbers, but the world’s computer-chip shortage has left dealers with the fewest offerings in decades.
The market mismatch is driving up prices, and many buyers expecting to drive new cars off the lot have to wait weeks or months for their vehicles to arrive. Some showroom models sell for thousands of dollars over the sticker price.
“We may just be in the greatest new-car market of our existence,” Philadelphia-area car dealer
said, “and we’re doing it with no cars.”
He recently woke up at 3:30 a.m. in a cold sweat and